In 2014, shareholder activists launched 344 public campaigns globally against companies of all shapes and sizes. For those who wishfully thought that the media flurry about shareholder activism in Europe was just simply that, they should also note that of the 344 campaigns, almost 30% related to non-US companies.
The Lexis®PSL Corporate Market Tracker team has published an in-depth study of shareholder activism in Europe by Selina Sagayam, International Corporate Finance Partner, and Amar Madhani, Solicitor, at Gibson Dunn & Crutcher, which discusses the changing landscape and rise of shareholder activism and includes current data on the increased activity being seen in Europe.
This data sends a clear message to public companies and their advisers -“stay watchful and be prepared, for the activists are here to stay”.
This article was written by Lexis®PSL Corporate.